How we helped Movestic transform into a front-runner with a new core platform built for the fourth industrial revolution.

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Bespoke legacy systems to be replaced

Multiple migrations propel multi-dimensional transformation

Customers served! 0  billion euro
Annual premiums unlocked in a new market segment

Individualization and low cost through fund order management capabilities unlock the competition for 2.4 million workplace pensions without increased complexity

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Individually adapted distribution channels

Enabling diversified distribution to meet brokers and customers where they choose to engage

Customers served! 0
Individualization without complexity leveraging touchless fund order management

20 new funds added to the 100 funds from carefully selected fund managers enable individualization without increased complexity through a fully automated fund order management and order execution to multiple fund managers

Innovation drives complexity – not anymore through dual transformation

Movestic has always been a force of innovation in Life and Pensions since launching in 2000. Their suite of differentiated products and market offerings challenged more established competitors and represented an attractive alternative for many brokers.

But rapidly innovating on their bespoke PAS quickly created complexity that slowed their acceleration and impacted customers and brokers. They needed a new foundation built for lifelong innovation – a unified digital platform optimized for continuous acceleration.

So they came to Lumera.

Leaving bespoke legacy systems behind

Movestic needed a core platform that could drive new efficiencies throughout their existing business while supporting new digital sales and opportunities throughout the insurance ecosystem.

In 2008, Lumera started migrating their existing operation into a Policy Administration Environment, fully automating their occupational pension and digital distribution functions.

So when Movestic acquired another insurance company with a complementary health insurance product portfolio, we were ready to integrate the offering with their existing configurations and offer seamless continuity to customers.

Lumera’s standardization means Movestic can adapt faster and more cost-effectively to new legislation – as the associated complexities and costs are effectively divided between Lumera users.

And because all policies will share the same underlying data model, Movestic has been able to improve the quality and efficiency of their reporting and analytics.

The migration will not only help Movestic improve existing operations. It will also support them in doing what they do best: innovating.

The new policy administration environment unlocked advanced fund order management functionality, enabling them to increase the number of funds and combine mutual funds into individual portfolios – adapted to specific customer needs.

Now they can easily integrate exciting, high yield fund managers into their existing offering and provide the individualization and simplicity their customers appreciate.

The new platform also enabled them to launch an individual portfolio capability, qualifying them in procurement for ITP – white-collar occupational pension plans. Now they can address 2.4 million new clients, tapping into annual premiums of 5.0 billion Euro.

Individualization and simplicity regardless of distribution channel

Brokers are a critical distribution channel for Movestic.

So when new regulations demanded increased transparency, Movestic’s new standardized policy administration environment was critical to quickly equipping new and existing brokers with the rich reporting and analytics they needed.

The environment also enabled the launch of a new customer-facing site for distribution and self-service. Customers can access an overview of their individualized savings and performance, execute fund switches, add savings, initiate pay-outs and more, from a single, secure interface.

The platform also supported seamless integration with Collectum – the distribution and service center –critical for the ITP-occupational pension procurement.

The result of the connectivity framework and digital support Lumera provides is fully-realized Insurance 4.0: a cost-effective distribution that propels revenue, improves productivity and increases customer individualization and simplification and partner satisfaction.

Automated fund order execution

Lumera’s fund order management application helped Movestic eliminate manual handling of fund orders, resulting in massive time and efficiency savings – even for complex execution and consolidation tasks. Now they can focus on selecting the best performing funds in multiple asset classes.

They can also easily connect their fund order management capability to external fund execution platforms and Morningstar for NAV-prices.

Movestic now has an automated, low-risk, high-return fund management function that continually provides the best funds to their clients.


Movestic has been a longstanding force of innovation in life and pensions services. But their legacy PAS was slowing down their ability to change. So we provided them with a consolidated policy administration environment built for change.

• Replacing multiple bespoke legacy systems in multi-channel transformation
• Unlocked 5.0 billion Euro in annual premiums in an additional market segment

• Increase efficiency by adding funds leveraging touchless fund order execution
• Enabling further improved individualization and simplicity for customers and partners

Join the Prudent Revolution.

The Prudent Revolution delivers controlled, deliberate transformation for Life and Pensions providers. But the results are big, bold and obvious almost immediately.

What we deliver

"Innovation is our core business, and our partnership with Lumera has transformed the way our operation supports rapid change. Today we can develop and integrate exciting new simplified individualized offerings with our existing portfolio totally seamlessly."

Torbjörn Annerfors
Head of Transformation

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